News
Lotte gets approval for $884m Smart City
Korean conglomerate Lotte Group got the go-ahead from the HCM City People’s Committee on Wednesday to develop the Thủ Thiêm Eco Smart City in District 2. The 74,420sq.m project in the core of the Thủ Thiêm New Urban Area will cost VNĐ20.1 trillion (US$884 million) ...
Will Vietnam become a scrap steel power?
Vietnamese steel manufacturers are importing more and more scrap steel for domestic production, as this is the easiest and most profitable way to make steel. According to Bui Van Muu from the Metallurgy and Material Technology Faculty of the Hanoi University of Technology, the steel production ...
Customs at Tan Son Nhat airport seize products from elephant tusks
Customs officers at the Tan Son Nhat International Airport in HCM City on May 4 discovered over 4kg of products from elephant tusks and pangolin scales illegally transported from Africa to Vietnam. The products included bracelets and jewellery suspected of being made of African elephant tusks ...
Vietnam must not adopt 100% foreign curricula: professor
If Vietnam wants to apply foreign curricula, it can import textbooks in natural sciences and technology. However, the structure of educational systems around the world is quite different and developed countries change curricula every five to seven years, according to Professor Nguyen Minh Thuyet, chief ...
Vietnam struggles to find solutions to prevent landslides
Resources have been applied to prevent landslides in the Mekong Delta, but the problem has proven to be difficult to solve. In recent years, the riverbank erosion and coastal landslides have been taking away 500 hectares of land in the Mekong Delta every year, according to ...
Govt borrows more money to address deficit
The government needs 2,420 billion kip to respond to budget expenditure that occurred in the first quarter of this year (January to March), a government leader has said. Of this figure, 957.7 billion kip is owed from the budget deficit in Q1 and the rest ...
Dry season rice yield falling short of target
Less rice was planted this dry season with the government reducing the target from last year, largely due to the lack of irrigation. Speaking at the ongoing National Assembly session recently Minister of Planning and Investment Dr Souphanh Keomixay said farmers had planted about 84,580 ...
China steps in to help control locust plague
The locust invasion in the north has reached plague proportions and despite a chemical spraying campaign their numbers are continuing to grow in Huaphan, Luang Prabang, Oudomxay, Phongsaly and Xieng Khuang provinces. In an attempt to stop the pests destroying all crops in their path, ...
NEC defends printing of extra ballots for vote
The National Election Committee on May 4 defended its decision to print 1.5 million extra ballots for the upcoming commune elections, saying the chances of misuse were minimal given better identification systems – though the opposition and civil society remained unconvinced. Following the NEC’s announcement that ...
Acleda profiting in foreign markets
Acleda Bank’s foreign operations in Laos and Myanmar performed well during the first quarter of 2017 while recording strong net profits last year, leading the bank to seek further regional expansion, according to a senior executive. Acleda has 41 commercial branches in Laos and six MFI ...
